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Bill: Intervention in the Private Sector Act
Details
Submitted by[?]: Union of Democratic Socialists
Status[?]: defeated
Votes: This is an ordinary bill. It requires more yes votes than no votes. This bill will not pass any sooner than the deadline.
Voting deadline: May 2479
Description[?]:
| If a company providing an essential service faces bankruptcy, surely it is the government's responsibility to ensure that this service is maintained. Citizens cannot live without utilities such as electricity and water. |
Proposals
Article 1
Proposal[?] to change Government policy on industry and subsidies to industrial operations.
Old value:: The government does not intervene in the market nor provide any form of subsidies/relief to industries.
Current: The government does not intervene in the market nor provide any form of subsidies/relief to industries.
Proposed: The government acts as an investor of last resort, by nationalizing failing industries that provide vital goods or services.
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||||
| yes | Total Seats: 57 | ||||
| no |
Total Seats: 135 | ||||
| abstain | Total Seats: 58 |
| Random fact: References to prominent real-life persons are not allowed. This includes references to philosophies featuring the name of a real-life person (eg. "Marxism", "Thatcherism", "Keynesianism"). |
| Random quote: "Capitalism is what people do if you leave them alone" - Kenneth Minogue |